
Orca and Streamex launch tokenised asset trading market
Orca and Streamex launched a Solana-based marketplace allowing accredited investors to trade tokenised assets through regulated onchain liquidity pools.
The trading infrastructure enables approved investors to buy and sell Streamex’s yield-bearing gold-backed GLDY token around the clock using permissioned pools operating on the Solana blockchain.
The companies said the system integrates identity verification and accreditation checks into onchain trading access to ensure only compliant investors can participate in secondary market trading for regulated digital assets.
Orca and Streamex said neither company will operate as a broker or intermediary for investors reselling GLDY tokens, with all transactions executed through automated market maker liquidity pools.
Investor wallets remain frozen until KYC and accreditation checks are completed, while eligibility data is updated onchain in real time to maintain compliance controls across the trading environment.
Orca said its automated market maker infrastructure has processed more than $500 billion in cumulative trading volume since launch, with the GLDY market potentially serving as a model for tokenised stocks, bonds, real estate and commodities.
The launch came amid broader industry efforts to build regulated blockchain infrastructure for tokenised financial assets after the US Securities and Exchange Commission approved Nasdaq’s pilot proposal for tokenised stock and ETF trading alongside traditional securities.
At the time of reporting, Solana price was $81.02.